Global Child Care Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Child Care Market Report by The Business Research Company covers child care market drivers and restraints, child care market size, major players, and the impact of COVID-19 on the child care market.
The child care market consists of the sales of child care services such as babysitting and learning services and related goods by entities (organizations, sole traders and partnerships) that provide care for infants or children either in the home of the child, in the home of the registered child caregiver or in a child care center. Child care is the care provided for infants and toddlers, preschoolers, and school-aged children by government or an organization while parents are at work or absent for other reasons. Establishments in this industry provide care services for preschool children, and for older children when they are not in school. Some of these establishments also offer pre-kindergarten education. This market includes both government sponsored and private child care services. This market also includes subsidies and direct benefit transfers by governments to child care providers.
The global market for child care is expected to grow from $339.1 billion in 2018 to nearly $520.4 billion by 2022 and at a rate of 11.3%.
An increase in the numbers of families where both parents are employed and a steady change in gender roles occurred in the historic period. For instance, the proportion of families with both parents working in the USA increased from 46% in 2015 to 61.9% in 2017. Improved incomes and the illegality and stress burden of leaving children at home alone led working parents to enroll their children at child care centers or provide other child care, benefitting the child care market.
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Some child care market trends include corporates offering corporate child care services to help employees to achieve work life balance and child care services providers are offering their services at flexible hours to help parents minimize costs on child care and keep the children in respective child care centers.
Global child care market segments include:
1) By Type Of Facility: Baby And Child Care, Pre-Kindergarten And Preschool Centers, Nursery Schools
2) By Location Of Facility: Center-Based, Home-Based
3) By Type Of Expenditure: Public Expenditure, Private Expenditure
4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Child Care Global Market Report 2021: Opportunities And Strategies: Forecast To 2022 is one of a series of new reports from The Business Research Company that provides child care market overviews, analyzes and forecasts market size, share, child care market players, child care market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The child care identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Child Care Global Market Report 2021: Opportunities And Strategies: Forecast To 2022 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Bright Horizons Family Solutions, Inc., KinderCare Education, Goodstart Early Learning, Primrose Schools, G8 Education Limited
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Child Care Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Child Care Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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